SPAC Issuance Spikes & SEC Issues Warning to Investors about Celebrity Endorsements

SPAC Issuance Spikes & SEC Issues Warning to Investors about Celebrity Endorsements

March 23, 2021
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06 mins 49 secs

Video Info

With parabolic issuance and celebrity endorsements from Shaq to Jay-Z, SPACs are one of the hottest topics in finance. According to Dealogic, SPACs have raised almost $85 billion so far this year, which comes out to 72% of all IPOs. Still, some advisors and the SEC are offering their own words of caution.

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